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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    308 Riv Rd Valley, AL 36854-4937

    • Gas stations
    • 2,176 SF
    • 0.48 lot acres
    OFF-MARKET
    Last Sale
    May 20, 2020
    Value Estimations
    $220,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-2815098
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fred's Auto Parts and Service / Car Repair And Maintenance Service

    Property Details for 308 Riv Rd

    Year built
    1950
    Lot size
    0.48 lot acres
    Property size
    2,176 SF
    Property type
    Gas stations
    APN
    12-18-04-19-3-003-002.000
    APU
    121804193003002000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $220,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $325,000
      OFFICE BUILDING
      $215,000
      RETAIL STORES
      $215,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Valley
    County
    Chambers
    State
    Alabama
    Longitude
    -85.1794
    Latitude
    32.7931
    CBSA code
    29300
    CBSA name
    LAGRANGE, GA-AL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,363
    $1,180
    $30,880
    $32,060
    -
    $5,960
    $154,350
    $160,310

    Comparable in this City

    • Value Estimation
      $240,000
      1,680 SF

      4090 Columbus Rd

      SERVICE STATION (FULL SERVICE) • 1,680 SF
      4090 Columbus Rd, Valley, AL 36854-5321
      View Details
    • Value Estimation
      $275,000
      0.35 Acres

      Us Hwy 29

      CAR WASH • 0.35 Acres
      Us Hwy 29, Valley, AL 36854
      View Details
    • Value Estimation
      $280,000
      1.86 Acres

      Lafayette S St

      CAR WASH • 1.86 Acres
      Lafayette S St, Valley, AL 36854
      View Details
    • Value Estimation by Request
      28,000 SF

      3741 20Th Ave

      Individual retail properties • 28,000 SF
      3741 20Th Ave, Valley, AL 36854
      View Details
    • Value Estimation
      $250,000
      1,200 SF

      5th Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      5th Ave, Valley, AL 36854
      View Details
    • Value Estimation
      $295,000
      2,160 SF

      3rd Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,160 SF
      3rd Ave, Valley, AL 36854
      View Details

    Similar Nearby for Sale

    • $298,900
      0.40 Acres

      Valley, AL Car Wash Opportunity

      Car wash with manual bays and vacuum stations for sale.
      103 Trammell Rd, Valley, AL 36854
      View Details
    • $298,900
      0.40 Acres

      VALLEY, AL Car Wash Property

      0.31-acre car wash with entrances on Trammell Road and Highway 29.
      103 Trammell Rd, Valley, AL 36854
      View Details
    • $290,000
      6,400 SF

      Highway Commercial Building on 2 Acres

      6400 SF commercial building on 2 acres along Highway 29.
      10040 Us Highway 29, Cusseta, AL 36854
      View Details
    • $205,000
      0.32 Acres

      Industrial Land: Valley, AL

      0.32-acre industrial lot, $205,000
      4206 20Th Ave, Valley, AL 36854
      View Details
    • $295,000
      19.21 Acres

      Alabama Farm with Barns

      19.21 acre farm with barns near I-85.
      4170 County Road 388, Valley, AL 36854
      View Details
    • $80,000
      4.03 Acres

      Residential Land in Valley, AL

      4.03 acre residential land with road frontage and available electricity.
      Newton Rd, Valley, AL 36854
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      28,000 SF

      Shops at Valley Retail Center

      Prime Retail Space Available in Chambers County
      3741 20Th Ave, Valley, AL 36854
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Valley, AL

      Retail spaces available in Valley, Alabama with high visibility.
      3418 20Th Ave, Valley, AL 36854
      View Details
    • $6 SF/Yr
      602,134 SF

      Valley Industrial Blvd Warehouse

      9,375 SF Warehouse Space Available
      1340 Vly Industrial Blvd, Valley, AL 36854
      View Details
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    308 Riv Rd
    Valley, AL 36854-4937
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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